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Bank of America customers are reporting they’re receiving their refunds from the Bank of America overdraft class action lawsuit settlement. However, the refund checks look like postcards and not normal checks, which may increase the possibility that some Class Members may overlook them as junk mail.
The refunds are part of a $410 million class action lawsuit settlement reached in 2011 over allegations Bank of America manipulated debit transactions to maximize the fees the bank could charge to customers who overdrew their bank accounts.
Current Bank of America customers automatically received their refund from the overdraft fee class action settlement on or about November 2, 2012, while former customers will receive their refund in the form of a check sent to the last known mailing address.
Former Bank of America customers are reporting they are receiving these checks, which must all be sent by November 30, 2012. The checks reportedly look like postcards as part of an attempt to save money on postage and printing.
If your address has changed since you had a Bank of America account, you can update your mailing address by sending a request to the Settlement Administrator at:
Checking Account Overdraft Litigation
P.O. Box 2505
Faribault, MN 55021-9505
118 thoughts onBank of America Overdraft Settlement Checks In the Mail!
we just recived our check today for $12.09 what a joke when we had thousands of over draft fee,s what do we do about this its wrong and we all need to complain about this to the lawer who handled this claim..
The many times I told your BoA employees that you were robbing us. I knew it was gonna come back and bite you in the butt. Yesterday I recieved a check for $16.62. That isnothing compared to what you stole from us. And my bills were gonna get shut off because of your mistakes. I told you you were making mistakes. Not only do you owe me more $$$, you also owe me a apology. Shame on you
I think we all deserve to stick them with a 13% interest rate.If it was the other way around we would all be in jail now and our lives ruined.
got a grand total of $16.61 so far! almost enough for some crap brand vodka so I can drink there memories away. A total screwing and not even a kiss B of A? Ive had better drunk dates from the bar!
I just recieved a second check in the mail today for this law suit my first was 481.00 & this one was 278.00 does anyone know why I recieved two and seeing how little everyone is getting back should I consult a lawyer becuase I obvisously had thousands in overdraft fees?
You made out just fine. I got $30 for hundreds they stole from me. Most people got $14 or so.
$17.26 haha
I just received a check today – and it is in check form, not a post card looking thing. However, I almost didn’t open it – thought it was junk. They robbed me of hundreds and hundreds of dollars while doing the pay the big thing first and charge me $35 bucks for the cup of coffee i bought on my debit card WHEN THE MONEY WAS THERE! I used to March into that bank almost on a daily basis…they would never return them, instead they talked to me like an idiot – how could I not understand, I said, this makes no sense how you screw people over, CLEARLY if I have a direct deposit coming in, that should be processed FIRST, not all the other little things so you can charge me $35 bucks a pop…anyway after all that, they send me a check for 62$ BIG WHOOP! How did they even come up with this amount after all I paid!! I never intentionally went negative, it was all int he way they paid things, the order in which they paid them…
” I never intentionally went negative, it was all int he way they paid things, the order in which they paid them…”
That’s total baloney! If you had enough money in your account to cover every debit you made; it is 100% impossible for them to OD your account! Sure, they put them in a different order and you had MORE overdrafts- but logic dictates you HAVE to have a negative balance to begin with! They can’t magically make your totals more than they are regardless of the order they post them.
Their account information clearly detailed exactly HOW and WHEN they credit and debit your accounts. Isn’t it YOUR fault for not understanding that?
Sue, you are an idiot. Sorry if you are okay with them stealing your money and overcharging us illegally. They lost the lawsuit for a reason. Grow a brain, You probably work for them.
Exactly my thoughts, Todd. I can’t believe banks have the balls to steal from their customers. Bank of America is charging me $12 a MONTH unless I deposit $250 dollars per month and my job hasn’t given me enough hours to make that amount. They are robbers, plain and simple. Only difference between these idiots and an actual ROBBER is, they do it discreetly and don’t use a weapon. Such BS.
That is absolutely NOT true. Even if you DO have the money in the bank, the bank tells you over the phone that your balance reflects any and all withdrawals and deposits, so you think you have the money in there. Wells Fargo ALSO does this, and it is called STEALING!!!!!!!!!
Sue,
Even if someone bounces one check there is no excuse for charging them for other ones where they had funds. Also Bank of America lies and tells you that you can write checks on a given ddeposit and then bounces them .
In the current case, B of A would give you money at an ATM when you had funds and then a few days later retroactively charge you overdraft fees on withdrawals you made when you had sufficient funds because you did not have sufficient funds, so they claim , on that later day to cover other withdrawals made on that day . A typical case scenario involves someone making five withdrawals from Friday to Sunday at B of A ATMs when that person had sufficient funds to cover them all . Then on the following Monday they write a check or make a withdrawal that b of A claims is not covered by sufficient funds so B of A not only charges you overdraft fees for that transaction but also charges you overdraft fees for the transactions that you made from Friday to Sunday the previous week when they don’t dispute that you had sufficient funds.
DID I HAVE A CHECK ARE WAS IT RETURNED TO BANK OF AMERICA WERE DOES IT GO AND WHO DO I CHECK WITH
IVE MOVED MY NEW ADDRESS IS 10051 GREEN VALLEY DRIVE SAINT LOUIS MISSOURI 63136 IF MY SOCIAL WILL HELP ITS 491-80-8254 BIRTH DATE 09-29-1970 THANK YOU ANY FURTHER QUESTIONS CONTACT ME AT 314-203-4782
Wow can’t believe you put your social sec # on this site…you’re kidding right???????
Delete your comment. If that really is your personal information.
Where do i post my Social Security Number and highly personal information? should i enter it here, or start my own thread? also should i include my checking and savings account routing numbers?
Alot of people are probably using your identity. You should pull your credit report and delete this comment IMMEDIATELY. Not exactly the brightest bulb in the chandelier, I presume.
Please check to see if our checks were returned to Bank of America as our address has changed from original profile. We have postcard from Court Ordered Legal Notice / Claims Administrator. Reply to E mail above. Thank you